RE: RE: The ResultsSXL is greatly undervalued. and that's why we own it, and as some stated today they continue to buy on this pullback.
Personally, I've observed weakness in many spec/exploration stocks over the last while. There's lots of uncertainty in the markets with many investors conflicted over the fears of a double dip recession. The first stocks to be sold off in such situations are spec stocks.
When I compare SXL's performance to other stocks that have been hyped on this board and compared to SXL, I see that SXL has actually held up better than all of them compared to when they released their last assays. A sampling below. Again these are stocks that jcja/flubber, SHOverseer and others have come on to tout. Just a comparison, not insinuating anything negative about their results.
SXL...0%....we're exactly where we were when we released our bonanza hole of 16.85 g of 16.45 g Au/t
PKL... Down 6%
CXT...Down 16%
PEM...Down 7%
VAX...Down 23%